Versar, Inc. (NYSE Amex:VSR) announced that it is on a winning team with prime contractor EOIR Technologies of Fredericksburg, Virginia, which is one of three teams awarded contracts on the $245 million Multiple Award Indefinite Delivery Indefinite Quantity (IDIQ) contract for Quick Reaction Engineering for Warfighter Sensing (QREWS) . The contract scope is for engineering, technology assistance, and test and evaluation support to the Night Vision and Electronic Sensors Directorate (NVESD) of the Research, Development and Engineering Command (RDECOM), Communication-Electronics Research, Development & Engineering Center (CERDEC) located at Fort Belvoir, Virginia. Versar’s role on the EOIR team would be to provide construction management and facility management requirements for the NVESD at Fort Belvoir, Fort A.P. Hill, Virginia and outside of the United States during the contract period.
Tony Otten, CEO of Versar said, “This is a significant win for Versar and expands our project management capabilities into high-end classified construction management. Entry into this market has been a high priority for Versar and adds to our portfolio as a leading global provider of project and construction management services.”
VERSAR, INC., headquartered in Springfield, VA, is a publicly held global project management company providing sustainable solutions to government and commercial clients in construction management, environmental services, munitions response, telecommunications and energy. VERSAR operates a number of web sites, including the corporate Web sites, www.versar.com, www.homelanddefense.com, www.geomet.com; www.viap.com; www.dtaps.com; www.adventenv.com, and www.ppsgb.com.
This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 25, 2010, as updated from time to time in the Company’s periodic filings. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.